950 N Kingsley Drive

    Hollywood, CA 90029
    • $1,350,000
    • STATUS: Active
    • ON SITE: 101 days
    • ID#: BB18195251
    UPDATED: 74 min ago
    $1,350,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,101
      SQFT
    • $435
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    REDUCED! ATTENTION INVESTORS! or developers 3 Legal Units, 3- 2 Br + 2 (1) Ba.Large lot zoned LAR3 in wide/clean/quiet Street &fast growing area of East Hollywood. With Development potential a larger Apartment Building, the existing units generate income $$8,300 included owner unit,until permits are ready. 2 units will be delivered/tenants. Seller's unit/will be deliveryvacant. Total gross income closed to $99,600/year. Following with major development in all directions, such as The EDMOND & CIM's 5.3 acre proposed project on Santa Monica Blvd.This area of East Hollywood is fast becoming the new hot spot in LA. It's central to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, and DTLA. Hollywood FWY101 of Santa Monica Blvd Exit. Property subject to rent control.There is no sign on propertyProperty SOLD in its "AS IS" present condition. No Termite work, any repair or any credit to the buyer. Delivery vacant on seller front unit.Broker/Agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use code, income, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals, LA City Of Building & Safety, Planning Department and to satisfy themselves.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86486113

    950 N Kingsley Drive Hollywood, CA 90029

    • Price: $1,350,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: BB18195251
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,101
    SQFT
    $435
    $/SQFT
    1920
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    REDUCED! ATTENTION INVESTORS! or developers 3 Legal Units, 3- 2 Br + 2 (1) Ba.Large lot zoned LAR3 in wide/clean/quiet Street &fast growing area of East Hollywood. With Development potential a larger Apartment Building, the existing units generate income $$8,300 included owner unit,until permits are ready. 2 units will be delivered/tenants. Seller's unit/will be deliveryvacant. Total gross income closed to $99,600/year. Following with major development in all directions, such as The EDMOND & CIM's 5.3 acre proposed project on Santa Monica Blvd.This area of East Hollywood is fast becoming the new hot spot in LA. It's central to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, and DTLA. Hollywood FWY101 of Santa Monica Blvd Exit. Property subject to rent control.There is no sign on propertyProperty SOLD in its "AS IS" present condition. No Termite work, any repair or any credit to the buyer. Delivery vacant on seller front unit.Broker/Agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use code, income, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals, LA City Of Building & Safety, Planning Department and to satisfy themselves.
    Exterior Features

    Entry Level 1 Entry Location Front Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Fireplace Features BathKitchenLiving RoomPatioElectricGas Fireplace YN Yes Laundry Features Inside Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Electricity - On Property Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN Yes Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Operating Expense 0.00 Professional Management Expense 0.00 Property Condition Repairs Cosmetic Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 8300.00 Total Expenses 0.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer Available Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Josephine Chung of Home Investment Property, Inc..


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604